AMERICAN INVESTMENT COUNCIL F/K/A PEGCC for AMERICAN INVESTMENT COUNCIL F/K/A PEGCC

Financial Institutions/Investments/Securities FIN

Legislation affecting the regulation of private equity, including proposed legislation related to regulation of investment advisers, the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals related private equity and housing, proposed legislation related to beneficial ownership of corporations, and the America COMPETES Act of 2022 (H.R.4521) and United States Innovation and Competition Act of 2021 (S. 1260); Regulations affecting private equity firms in the United States and abroad, including the proposed Private Fund Adviser rule and proposed Form PF rule, and beneficial ownership-implementation of Public Law No: 116-92; FY2024 Appropriations, and legislative and regulatory proposals related to credit funds and non-bank lending.

Contacted: Treasury, Dept of; Federal Reserve System; HOUSE OF REPRESENTATIVES; SENATE; Federal Deposit Insurance Corporation (FDIC)

Bills named: H.R. 3848 (118th), S. 2155 (118th), S. 1260 (118th), H.R. 4521 (118th)

Taxation/Internal Revenue Code TAX

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), AIM Act (S. 1232/H.R. 2788), Build It In America Act (H.R. 3938); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Treasury, Dept of

Bills named: H.R. 2788 (118th), H.R. 3848 (118th), H.R. 3938 (118th), S. 2155 (118th), S. 1232 (118th), H.R. 1068 (118th), S. 1639 (118th), H.R. 5376 (118th)

Retirement RET

Provisions related to the tax treatment of private equity in various budget proposals and tax reform proposals including, Build Back Better Act (H.R.5376).

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 5376 (118th)

Health Issues HCR

Legislation affecting the regulation of private equity, including HR 3262, HR 3561, and other proposals related to equitable treatment of private equity in health care.

Contacted: HOUSE OF REPRESENTATIVES; SENATE; Health & Human Services, Dept of (HHS)

Bills named: H.R. 3262 (118th), H.R. 3561 (118th)

Trade (domestic/foreign) TRD

Legislation affecting the regulation of private equity, including the America COMPETES Act of 2022 (H.R.4521) and United States Innovation and Competition Act of 2021 (S. 1260), and National Defense Authorization Act (S. 2226)

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: S. 1260 (118th), S. 2226 (118th), H.R. 4521 (118th)

Banking BAN

Legislation affecting the regulation of private equity, including proposed legislation related to regulation of investment advisers, the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals related private equity and housing, proposed legislation related to beneficial ownership of corporations, and the America COMPETES Act of 2022 (H.R.4521) and United States Innovation and Competition Act of 2021 (S. 1260); Regulations affecting private equity firms in the United States and abroad, including the proposed Private Fund Adviser rule and proposed Form PF rule, and beneficial ownership-implementation of Public Law No: 116-92; FY2024 Appropriations, and legislative and regulatory proposals related to credit funds and non-bank lending.

Contacted: Treasury, Dept of; Federal Reserve System; Federal Deposit Insurance Corporation (FDIC); SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3848 (118th), S. 2155 (118th), H.R. 4521 (118th), S. 1260 (118th)